Machine-to-machine (M2M) Services in Retail Market to Soar at a CAGR of 34.42% to 2021

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Machine-to-machine (M2M) Services in Retail market is Projected to grow at 34.42% CAGR during the period 2017-2021. Network Consulting Industry research report also provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.

About Machine-to-machine (M2M) Services in Retail market

Increased adoption of M2M devices in connected health services and connected car solutions and the rapid growth of the cellular M2M segment are expected to enhance the overall market revenue significantly in the next few years. Government organizations across the globe are investing billions of dollars in Internet of Things (IoT), driving the global M2M services market in the retail industry.

Research analysts forecast the global Machine-to-machine (M2M) Services in Retail market to grow at a CAGR of 34.42% during the period 2017-2021.

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Covered in this report 

The report covers the present scenario and the growth prospects of the global machine-to-machine (M2M) services market for 2017-2021. To calculate the market size, the report considers the revenue generated from POS devices, automated teller machines (ATMs), vending machines, smart parking meters, and fare ticketing devices; service revenue generated from cellular services by mobile network operators (MNOs) such as AT&T and third-party cellular M2M service providers; revenue generated from five application areas in the retail industry [specialty, hospitality, fast-moving consumer goods (FMCG), finance, and transportation]; and revenue generated from the sales of M2M devices, modules, and applications used in the retail industry.

The market is divided into the following segments based on geography: Americas, APAC, EMEA

Research report, Global Machine-to-machine (M2M) Services Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors – AT&T, Deutsche Telekom, Rogers Communications, Verizon, Vodafone.

Other prominent vendors – Aeris Communications, Amdocs, Cantaloupe Systems, Carriots, China Mobile, cStar Technologies, CyberNet, Digi International, e2Solutions, Ericsson, FAS International, Gemalto, Happiest Minds, Huawei, Indra, JT Wholesale, KORE Wireless Group, M2M Connectivity, Margento, METRIC Group, N&W Global Vending, Nayax, Novatel Wireless, Orange Business Services, POS Unlimited, Robustel, Royal Vendors, Siemens, Singtel, USA Technologies, Vianet, Vix Technology, Wipro.

Market driver 

M2M services for dynamic real-time tracking
For a full, detailed list, view our report

Market challenge 

Integration issues of M2M devices
For a full, detailed list, view our report

Market trend 

M2M platform consolidation
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?

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